Smaller firms often have greater incentive to reduce prices


What is the "revenue destruction effect"? As the number of Cournot competitors in a market increases, the price generally falls. What does this have to do with the revenue destruction effect? Smaller firms often have greater incentive to reduce prices than do larger firms. What does this have to do with the revenue destruction effect?

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Electrical Engineering: Smaller firms often have greater incentive to reduce prices
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